Oxford Square Capital (NASDAQ:OXSQ) Trading Up 2.2% - Time to Buy?

Oxford Square Capital Corp. (NASDAQ:OXSQ - Get Free Report) shares were up 2.2% during trading on Monday . The stock traded as high as $2.33 and last traded at $2.33. Approximately 784,264 shares were traded during mid-day trading, an increase of 64% from the average daily volume of 478,905 shares. The stock had previously closed at $2.28.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen cut shares of Oxford Square Capital from a "hold" rating to a "sell" rating in a report on Sunday, May 4th.

Oxford Square Capital Trading Up 2.2%

The stock has a market cap of $177.15 million, a P/E ratio of 233.00 and a beta of 0.65. The company's fifty day simple moving average is $2.32 and its 200-day simple moving average is $2.52.

Oxford Square Capital (NASDAQ:OXSQ - Get Free Report) last issued its quarterly earnings results on Friday, April 25th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.01. The business had revenue of $10.16 million for the quarter, compared to the consensus estimate of $9.90 million. Oxford Square Capital had a negative net margin of 1.12% and a positive return on equity of 16.74%. During the same quarter in the prior year, the company earned $0.11 EPS.

Oxford Square Capital Announces Dividend

The business also recently declared a dividend, which will be paid on Thursday, July 31st. Stockholders of record on Thursday, July 17th will be paid a $0.035 dividend. The ex-dividend date of this dividend is Thursday, July 17th. Oxford Square Capital's dividend payout ratio (DPR) is presently 4,200.00%.

Institutional Trading of Oxford Square Capital

Large investors have recently bought and sold shares of the business. Two Sigma Advisers LP lifted its holdings in Oxford Square Capital by 10.8% during the 4th quarter. Two Sigma Advisers LP now owns 1,414,613 shares of the company's stock valued at $3,452,000 after purchasing an additional 137,400 shares during the last quarter. Millennium Management LLC lifted its position in shares of Oxford Square Capital by 23.9% during the 4th quarter. Millennium Management LLC now owns 142,335 shares of the company's stock worth $347,000 after buying an additional 27,451 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of Oxford Square Capital during the 4th quarter valued at approximately $199,000. Mercer Global Advisors Inc. ADV bought a new position in Oxford Square Capital during the fourth quarter worth $49,000. Finally, United Bank bought a new stake in Oxford Square Capital in the 4th quarter valued at about $43,000. 6.44% of the stock is owned by institutional investors.

Oxford Square Capital Company Profile

Oxford Square Capital Corp. is a business development company, operates as a closed-end, non-diversified management investment company. It is a private equity and mezzanine firm. The firm invests in both public and private companies. It invests in secured and unsecured senior debt, subordinated debt, junior subordinated debt, preferred stock, common stock and syndicated bank loans.

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